Gorman's Funds Hit Hard by $38 Facebook Purchase

Sept. 19 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports that Morgan Stanley CEO James Gorman has seen the performance of the company's funds take a big hit from the purchase of Facebook shares at the IPO price of $38. She speaks on Bloomberg Television's "In The Loop."

Why Cisco Is Forecasting Sales That May Beat Estimates
47:57 - Chuck Robbins, Cisco's chief executive officer, discusses what's behind Cisco's successful second-quarter earnings and sales growth forecast with Emily Chang on "Bloomberg West." (Source: Bloomberg)
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